SHAH ALAM: Proton will maintain the current selling price of its cars despite incurring higher imported material costs due to the weakening ringgit, said its chairman, Tun Dr Mahathir Mohamad.

He said currently, the national car maker has to sell its cars at the price fixed by the government.

“Now with the currency down, imported material costs are higher but we still try to maintain the price (of Proton cars).”

On another note, Dr Mahathir who is the former prime minister said Proton planned to export an Iriz electric car, which claims to be able to go up to 300km on a single charge, to the European market besides ensuring all its vehicles manufactured in the future meet the Euro 5 emission standards.

“We have proposed to produce this car (Iriz) for Europe … don’t have to pay a fine because it’s efficient,” he said.

Commenting on Proton’s 30th anniversary this year, Dr Mahathir said Proton wanted people to believe that it is producing quality cars.

Dr Mahathir said Proton would in future boost performance in its current line-up without changing their names.

Proton chief executive officer Datuk Abdul Harith Abdullah said the company planned to unveil the new variant of Perdana in the first quarter of next year.

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